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Cryptocurrency News Articles

Pi Coin (PI) Listing on CoinEx Exchange Offers New Trading Opportunities for Pi Holders

Mar 19, 2025 at 05:35 pm

Pi Coin (PI) has been in the news with its recent listing on the CoinEx exchange, offering new trading opportunities for Pi holders.

Pi Coin (PI) Listing on CoinEx Exchange Offers New Trading Opportunities for Pi Holders

Pi Coin (PI) has hit another milestone with its recent listing on the CoinEx exchange, offering new trading opportunities for holders of the cryptocurrency.

CoinEx announced the introduction of Pi Coin on its platform on Thursday, with trading pairs against Tether (USDT) becoming available shortly after the deposit and withdrawal window opened.

The listing on CoinEx marks Pi Coin’s presence on 12 exchanges. It is also being traded on 3 decentralized exchanges (DEXs).

CoinEx Adds Pi Network to Its Holdings

The addition of Pi Coin comes after the exchange underwent a rigorous review process on the cryptocurrency. CoinEx is known for its diverse range of digital assets, low trading fees, and advanced trading technology.

The listing on CoinEx follows through on a goal set by the community of the Pi Network to gain the cryptocurrency broader exchange coverage.

Those who are interested in buying, selling, or trading Pi Coin can do so on the CoinEx website or app.

The new listing on CoinEx expands the trading opportunities for Pi Coin holders and may contribute to increased awareness of Pi Network.

Recently, there has been a focus on the future of Pi Network as it continues to be listed on various exchanges. However, despite a majority vote from the network to list on Binance, the exchange has yet to make any announcements regarding the future listing of Pi Coin.

One community member commented on the lack of listing on Binance despite the strong support from the network.

“Failure to get listed on Binance, despite an 86% yes vote, and the implications for public trust in the project is huge. Is there anything more to add?”

Financial Transparency of Pi Network

The financial transparency of Pi Network has also come under scrutiny. A recent report by an innovator of Pi Network identified that SocialChain Inc., the holding company of Pi Network, has received investments from 137 Ventures, Ulu Ventures, and Designer Fund.

However, two of the companies do not appear to have included Pi Network in their official investment portfolios.

137 Ventures' website showcases its investments in startups across various sectors, including fintech, food, logistics, and proptech. Nonetheless, Pi Network is not listed among the company's portfolio companies.

Similarly, Ulu Ventures, a venture capital firm focused on seed-stage startups, does not include Pi Network in its portfolio despite having invested in several promising ventures.

Furthermore, Designer Fund, a venture capital firm investing in seed-stage consumer startups, also does not appear to have disclosed an investment in Pi Network. The fund's website showcases its portfolio companies, which are primarily in the consumer goods and services industry.

This discrepancy in financial reporting may raise concerns about the legitimacy and transparency of Pi Network's financial structure, especially as the community is actively discussing the network's stability and future prospects.

Despite the challenges and setbacks, the community of Pi Network continues to be engaged and active.

Recently, the PiFest 2025 event in the metaverse drew more than 100,000 sellers and 49,000 active users.

Most users have been engaging with the Map of Pi to facilitate transactions and exchanges of PI tokens for goods and services within the virtual world.

This event highlights the community's resilience and creativity in adapting to the changing landscape of cryptocurrency and Web3 technology.

As Pi Network navigates the complexities of the cryptocurrency market, the focus remains on overcoming major hurdles.

Issues of transparency, funding disclosure, and legal stability are still pertinent to market sentiment toward Pi Coin.

The inability to gain a Binance listing despite having such strong community support adds another layer to the complexity of the situation.

For Pi Network to achieve optimal success in the long term, the foundation team must directly confront these problems. They must become more transparent in their communication with investors and work diligently to restore trust in the project.

Only then will Pi Coin have a chance to recover lost ground and secure its optimal standing among the competitive cryptocurrencies.

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